Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.9% APRnext payment +$0.44 per $10,000 · paid last 24h −0.117%
Price spread now: Bybit against BingX−0.166%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$460.460% of the position
Funding, last 7 days−0.270%−$27 on $10k
+Price spread, last 7 days+0.164%+$16 · spread now −0.166%, 7d avg −0.014%
=Funding pays, the price is against you. Bybit is 0.152% cheaper against BingX than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of −0.014%). If the spread goes back, that is −$15 on $10k: about 11 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.270%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XMR-USDT | 573.53 | 0.0672 | pay 0.0672% / 8h | 2h 34m | — | $5.7M | — |
| Short | Bybit XMRUSDT | 572.58 | 0.0716 | get 0.0716% / 8h | 2h 34m | $46.4M | $64.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.31
- Price spread: −0.166% → −0.014%
- −$15.18
- Slippage, 4 orders
- −$25.04
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$51.91
- Costs to cover
- 0.460%
- Break-even
- 46.0 days
Slippage from BingX: live order book, 10 min ago; Bybit: live order book, 9 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 10 min ago | 0.61 bp | 13.3 bp −$13 | 27.2 bp −$272 | 116.3 bp −$11.6K | doesn't fit |
| Sell Bybit live order book, 9 min ago | 1.31 bp | 10.3 bp −$10 | 23.9 bp −$239 | 84.9 bp −$8,492 | doesn't fit |
XMR on 31 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0003% | 1h | 572.70 | −0.144% | $37K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.573% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 571.71 | −0.318% | $1.0M | $643K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 573.59 | +0.010% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 573.00 | −0.092% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0232% | 1h | 573.95 | +0.073% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0314% | 8h | 572.10 | −0.249% | $44.9M | $26.2M | 50x | as long as short |
| dYdX XMR-USD | +0.0493% | 1h | 571.62 | −0.334% | $104K | $44K | 5x | as long as short |
| Bitget XMRUSDT | +0.0573% | 8h | 573.37 | −0.028% | $9.5M | $13.3M | 50x | as long as short |
| MEXC XMR_USDT | +0.0616% | 8h | 572.85 | −0.119% | $19.7M | $14.6M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.0616% | 8h | 572.70 | −0.145% | $52.4M | $161.2M | 75x | as long as short |
| Gate XMR_USDT | +0.0632% | 8h | 573.76 | +0.040% | $1.5M | $4.3M | 50x | as long as short |
| BingX XMR-USDTlong | +0.0672% | 8h | 573.53 | long leg | — | $5.7M | — | |
| Bybit XMRUSDTshort | +0.0716% | 8h | 572.58 | −0.166% | $46.4M | $64.3M | 75x | |
| Kraken Futures PF_XMRUSD | +0.0747% | 1h | 573.35 | −0.031% | $5.4M | $19.1M | 50x | as long as short |
| Extended XMR-USD | +0.0768% | 1h | 573.41 | −0.020% | $3.0M | $8.2M | 25x | as long as short |
| Aster XMRUSDT | +0.0769% | 8h | 573.84 | +0.053% | $643K | $2.2M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.0779% | 1h | 573.46 | −0.012% | $28K | $2.2M | 5x | as long as short |
| Pacifica XMR | +0.0912% | 1h | 572.74 | −0.138% | $265K | $1.0M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0936% | 8h | 572.70 | −0.144% | $8K | $4K | 20x | as long as short |
| GRVT XMR_USDT_Perp | +0.1007% | 8h | 571.95 | −0.276% | $330K | $728K | 10x | as long as short |
| BloFin XMR-USDT | +0.1013% | 8h | 574.03 | +0.087% | $2.7M | $11.2M | 75x | as long as short |
| Lighter XMR | +0.1024% | 1h | 572.82 | −0.124% | $3.1M | $7.5M | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1057% / S −0.1398% | 1h | 572.59 | −0.164% | $592K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.1186% | 8h | 574.04 | +0.089% | $40K | $713K | 10x | as long as short |
| Variational Omni XMR | +0.1193% | 8h | 571.73 | −0.314% | $6.3M | $2.3M | — | as long as short |
| Hyperliquid XMR | +0.1215% | 1h | 573.06 | −0.082% | $86.4M | $70.9M | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.1372% | 1h | 573.89 | +0.063% | $169K | $532K | 20x | as long as short |
| Nado XMR-PERP | +0.1382% | 1h | 573.68 | +0.027% | $1.3M | $455K | 10x | as long as short |
| SoDEX XMR-USD | +0.1415% | 1h | 574.43 | +0.157% | $437K | $3K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.2105% | 1h | 571.51 | −0.352% | $1K | $43K | 10x | as long as short |
BingX XMR-USDT
Bybit XMRUSDT
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
KuCoin XMRUSDTM
Bitget XMRUSDT
MEXC XMR_USDT
Binance XMRUSDT
Gate XMR_USDT
Kraken Futures PF_XMRUSD
Extended XMR-USD
Aster XMRUSDT
Polymarket Perps XMR-USD
Pacifica XMR
Paradex XMR-USD-PERP
GRVT XMR_USDT_Perp
BloFin XMR-USDT
Lighter XMR
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Hyperliquid XMR
Backpack XMR_USDC_PERP
SoDEX XMR-USD
Aftermath Perps XMRUSD